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Business, 06.10.2019 04:30 kritalewis

Consider two perfectly negatively correlated risky securities, x and y. security x has an expected rate of return of 9% and a standard deviation of return of 27%. y has an expected rate of return of 17% and a standard deviation of return of 39%. what is the weight of security y in the minimum variance portfolio? enter your answer rounded to two decimal places. do not enter % in the answer box. for example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.

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